USD/CHF Technical Analysis (4H Chart)
USD/CHF has rebounded from the demand zone ( 0.8780 - 0.8800 ), confirming strong buying pressure. The price is currently testing the entry area ( 0.8825 - 0.8840 ), with bullish momentum building.
- Support Levels:
- Demand Zone: 0.8780 - 0.8800 (Key area for buyers)
- Entry Area: 0.8825 - 0.8840 (Potential retest before further upside)
- Target Area: 0.8915 - 0.8920 – Next major resistance level.
- Outlook: A successful hold above the entry area could lead to a rally toward 0.8915. A breakdown below 0.8790 may invalidate the bullish setup.
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